eli5: How and why do people launder or clean money?
In: Other
Money laundering is where you take money that was earned illegally and make it seem like it was earned legally.
It’s done because the government is really, REALLY good at telling when you have/when you’re spending more money than you’ve earned and they REALLY hate when they don’t get their taxes.
So when you launder money, you take this illegal money and run it through a business (usually) to make it seem like it was earned in a proper way, and then it can be taxed.
[This video](https://youtu.be/ez6xH-su2xI)from Breaking Bad actually explains it pretty well
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